ICICI Prudential Money Market Direct Growth+0.02%

3Groww
8.55%
1 Year Return
Debt
Money Market
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Money Market Direct Growth

RiskVery Low
Min SIP Amount₹100
Expense Ratio0.15%
NAV265.81 (08 Jul 2019)
Fund Started31 Dec 2012
Fund Size9,064 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ICICI Prudential Money Market Direct Growth
8.6%
7.5%
7.9%
8.2%
Category Average
NA
NA
NA
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 8.6% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 3 years
    2. Risk is lower compared to the benchmark
    3. Exit load is zero
    Cons
    1. 10Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.Financial ServicesCD8.2%
    Reliance Industries Ltd. (185D)EnergyCP7.8%
    LIC Housing Finance Ltd. (181D)Financial ServicesCP6.2%
    John Deere Financial India Pvt.Ltd. (183D)Financial ServicesCP5.9%
    Reliance Retail Ltd. (90D)Consumer GoodsCP5.8%
    Axis Bank Ltd.Financial ServicesCD5.1%
    Tata Teleservices Ltd (177D)TelecomCP4.3%
    South Indian Bank Ltd.Financial ServicesCD3.9%
    L&T Housing Finance Ltd (90D)Financial ServicesCP3.9%
    JM Financial Products Pvt Ltd. (91D)Financial ServicesCP3.9%
    See All

    Fund Managers

    addNikhil Kabra
    Education
    Mr. Kabra is a B.Com and Chartered Accountant.
    Experience
    Prior to joining ICICI Prudential AMC from September 25, 2013 he was associated with Sumedha Fiscal Services Limited from October 2012 to September 2013 and Haribhakti & Co. from September 2010 to October 2012.
    Funds Managed

    Other Details

    ICICI Prudential Money Market Direct Growth is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 31 Dec 2012. Rahul Goswami, Nikhil Kabra is the Current Fund Manager of ICICI Prudential Money Market Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹9,064 Cr and the Latest NAV as of 08 Jul 2019 is ₹265.81.

    The ICICI Prudential Money Market Direct Growth is rated Very Low risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 500. Nil.

    Investment Objective

    The objective of the Plan will be to seek to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made primarily in money market and debt securities.

    Tax Implications

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹1
    Min for Second Investment
    Nil
    Exit Load

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    About ICICI Prudential Mutual Fund

    Address
    One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
    Phone
    022-26525000
    Launch Date
    12 Oct 1993
    ICICI Prudential Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    Cams
    Address
    NA
    Website
    NA
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